AIRLINK 74.06 Decreased By ▼ -0.50 (-0.67%)
BOP 5.03 Decreased By ▼ -0.03 (-0.59%)
CNERGY 4.46 No Change ▼ 0.00 (0%)
DFML 41.82 Increased By ▲ 2.09 (5.26%)
DGKC 87.00 Decreased By ▼ -0.55 (-0.63%)
FCCL 21.74 Decreased By ▼ -0.19 (-0.87%)
FFBL 34.23 Decreased By ▼ -0.36 (-1.04%)
FFL 9.95 Increased By ▲ 0.20 (2.05%)
GGL 10.48 Decreased By ▼ -0.01 (-0.1%)
HBL 113.56 Decreased By ▼ -0.23 (-0.2%)
HUBC 136.00 Decreased By ▼ -0.52 (-0.38%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.83 Increased By ▲ 0.16 (3.43%)
KOSM 4.56 Decreased By ▼ -0.08 (-1.72%)
MLCF 38.27 Decreased By ▼ -0.19 (-0.49%)
OGDC 135.70 Decreased By ▼ -0.44 (-0.32%)
PAEL 26.74 Increased By ▲ 0.13 (0.49%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.70 Increased By ▲ 0.03 (0.45%)
PPL 122.60 Increased By ▲ 0.31 (0.25%)
PRL 26.93 Decreased By ▼ -0.04 (-0.15%)
PTC 14.46 Increased By ▲ 0.55 (3.95%)
SEARL 59.51 Decreased By ▼ -0.36 (-0.6%)
SNGP 69.94 Decreased By ▼ -0.12 (-0.17%)
SSGC 10.40 Increased By ▲ 0.05 (0.48%)
TELE 8.60 Increased By ▲ 0.06 (0.7%)
TPLP 11.35 Increased By ▲ 0.01 (0.09%)
TRG 65.23 Decreased By ▼ -0.77 (-1.17%)
UNITY 26.20 Decreased By ▼ -0.13 (-0.49%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,853 Increased By 28.7 (0.37%)
BR30 25,387 Decreased By -19.2 (-0.08%)
KSE100 75,239 Increased By 154.6 (0.21%)
KSE30 24,160 Increased By 66 (0.27%)

imageJAKARTA: Freeport McMoRan Copper and Gold Inc has restarted some operations at the world's second biggest copper mine after receiving approval from the Indonesian government, a senior company official told Reuters on Saturday.

The Arizona-based company has slowly resumed open-pit mining at its Grasberg complex in eastern Indonesia, more than a month after a training tunnel collapsed, killing 28 people in one of Indonesia's worst mining accidents. Underground production remained shut.

"The open-pit is already allowed to be open," Freeport Indonesia President Director Rozik Soetjipto said in a telephone interview. "At the beginning of course, there will only be a very, very small amount of production because we have to prepare everything and gradually increase production."

An energy ministry spokesman said the government granted its approval late on Friday after state officials completed their investigation.

Union miners, who make up three-quarters of the 24,000 Freeport workers, were returning to work at the Grasberg mine.

"What we are doing now is mainly maintaining the mine and equipment because it has been left by workers for a period of time," said union spokesman Juli Parorrongan.

The open-pit mine normally produces around 140,000 tonnes of copper ore per day, while output from underground operations is 80,000 tonnes.

Freeport was forced to declare force majeure on shipments due to the prolonged closure of the mine.

Comments

Comments are closed.